10 Best MBA Colleges Accepting CMAT Scores, Cut offs, Fees

If you are looking for the best MBA colleges accepting CMAT scores, you have landed on the right page. CMAT is a national-level MBA entrance exam conducted by the National Testing Agency (NTA) which admits students to more than 1,300 MBA colleges in India.

CMAT scores are accepted by all government institutions. Choosing the right MBA college based on CMAT score can be difficult with so many private and government institutes accepting CMAT exam scores. What criteria should be considered when selecting a CMAT college?

Candidates must consider their preferred course, recognition, eligibility criteria, location, selection process, course fees, infrastructure, pedagogy, faculty, and placement track when selecting an MBA college that accepts CMAT scores.

The cut-off percentile for MBA admission is also important, so they should apply only to the colleges where they meet the cut-off percentile. In this post, we will learn about the ten best colleges in India that intake students on the basis of CMAT scores.

Best MBA Colleges Accepting CMAT Scores

1. JBIMS

Jamnalal Bajaj Institute of Management Studies Mumbai is among the top colleges for MBA in India. The University of Mumbai founded JBIMS Mumbai in 1965, and it is accredited by the All India Council for Technical Education (AICTE).

A business school with a legacy of over 52 years, Jamnalal Bajaj Institute of Management (JBIMS) is among the oldest in India.

 

CMAT Score Needed (2024):

• JBIMS is one of the best MBA colleges accepting CMAT scores often in the range of 99.5+ percentile.

College Rankings:

• JBIMS is consistently ranked among the top management institutes in India. Specific rankings can vary year to year, but it is often placed in the top 10 or top 15 in national rankings.

Fees For MBA:

• The fees for the MBA program at JBIMS are approximately ₹6 lakhs for the entire course.

Number of Student Intake:

• JBIMS has a relatively small batch size. Typically, it admits around 120 students per year for its MBA program.

Highest Package offered:

• The highest domestic package offered at JBIMS varies year to year but can go up to ₹87.12 LPA.

Average Package offered:

• The average package offered at JBIMS is generally around ₹28 LPA.

Programs Offered:

• JBIMS primarily offers a full-time Master of Management Studies (MMS) program, which is equivalent to an MBA.

Infrastructure:

• Campus: JBIMS is located in the heart of Mumbai and operates out of a heritage building which adds to its charm and appeal. The campus includes modern classrooms, seminar halls, and administrative offices.
• Library: The institute boasts a well-stocked library with a vast collection of books, journals, and digital resources catering to the academic needs of its students and faculty.
• Computer Labs: State-of-the-art computer labs equipped with the latest technology and high-speed internet are available for students to conduct research, access online resources, and work on projects.
• Auditorium and Seminar Rooms: JBIMS has an auditorium and multiple seminar rooms equipped with audio-visual facilities, suitable for hosting conferences, seminars, and guest lectures.
• Recreational Facilities: The campus provides recreational facilities such as a sports complex for indoor and outdoor activities, a gymnasium, and spaces for cultural events and extracurricular activities.

 

2. SIMSREE

CMAT Score Needed (2024): SIMSREE accepts admissions through MAH-CET scores primarily. The cutoff for CMAT may vary each year and is typically around the 99+ percentile.

College Rankings: SIMSREE is consistently ranked among the top management institutes as per NIRF in India. It has been raked 35th by the NIRF.

Fees For MBA: The approximate fees for the MBA program at SIMSREE are around ₹51,000 per annum.

Number of Student Intakes: SIMSREE generally has an intake of around 240 students for its MBA program.

Highest Package Offered: The highest package offered at SIMSREE can range up to ₹20 LPA, depending on the year and industry trends.

Average Package Offered: The average package offered at SIMSREE is typically around ₹12 LPA.

Programs Offered: SIMSREE offers the following programs:

• Master of Management Studies (MMS) – Full-time MBA
• Post Graduate Diploma in Business Management (PGDBM)
• Part-time MBA (MHRDM) – Master of Human Resource Development and Management

Infrastructure:

• Campus Facilities: SIMSREE is located in the heart of Mumbai and boasts a well-equipped campus with modern classrooms, a library, seminar halls, and Wi-Fi connectivity across the campus.
• Library: The institute houses a well-stocked library with a wide range of management books, journals, and online databases. It provides a conducive environment for research and study.
• Computer Labs: There are dedicated computer labs equipped with the latest software and internet facilities, supporting both the academic and research needs of students.
• Hostel Facilities: While SIMSREE itself does not have on-campus hostel facilities, it assists students in finding accommodation nearby. Mumbai offers a wide range of options for student living.
• Sports and Recreation: The institute encourages holistic development, providing opportunities for sports and extracurricular activities. There are provisions for indoor and outdoor sports within campus or nearby facilities.

3. MET

Mumbai Educational Trust is the next best college on our list that accepts CMAT scores to join the institution.

In order to keep up with the changing landscape of the business environment, the PGDM (e-business) program at MET is one of a kind.

With the PGDM (e-business) program, we have combined traditional management values with new-age technological factors and know-how to empower professionals to succeed in today’s digital business world.

CMAT Score Needed (2024): MET Mumbai accepts admissions through MAH-CET scores primarily. The cutoff for CMAT may vary from 95 to 99.99 percentile.

College Rankings: MET Mumbai is well-regarded in the field of management education in India. The college is ranked 33rd out of 100 of the top institutes in Mumbai for its MBA program.

Fees For MBA: The approximate fees for the MBA program at MET Mumbai vary depending on the specialization chosen. Generally, it ranges from ₹11.05 lakhs for the entire course.

Number of Student Intakes: MET Mumbai typically has an intake of around 180 students for its MBA program.

Highest Package Offered: The highest package offered at MET Mumbai was 25 LPA.

Average Package Offered: The average package offered at MET Mumbai is typically around ₹4.5 LPA.

Programs Offered: MET Mumbai offers the following programs:

• Master of Management Studies (MMS) – Full-time MBA
• Post Graduate Diploma in Management (PGDM)
• Part-time MBA (Executive MBA)

Infrastructure:

• Campus Facilities: MET Mumbai’s campus is equipped with state-of-the-art facilities including modern classrooms, seminar halls, and Wi-Fi connectivity across the campus to support academic activities.
• Library: The institute has a well-stocked library with a vast collection of books, journals, periodicals, and online databases catering to the research and academic needs of students and faculty.
• IT Infrastructure: MET Mumbai has dedicated computer labs with the latest hardware and software, providing access to online resources, simulations, and data analytics tools necessary for management education.
• Hostel Facilities: While MET Mumbai itself does not have on-campus hostel facilities, it assists students in finding suitable accommodation nearby in Mumbai, which offers a variety of options for student living.
• Sports and Recreational Facilities: The institute encourages holistic development and offers facilities for indoor and outdoor sports activities. Students have access to sports grounds, gymnasiums, and recreational areas within or near the campus.

4. GIM

In terms of ranking, Goa Institute of Management has been recognized highly by both Business Today 2023 and NIRF 2023.

Additionally, GIM Goa holds approvals from AICTE and AIU, as well as accreditations from NBA and SAQS. Notably, GIM Goa is also a member of various global organizations including AACSB, EFMD Global, PRME, GBSN, United Nations Sustainable Development Solutions Network, and UN-Global Compact Network India.

Established in 1993, GIM Goa has consistently been ranked as one of the top Business Schools in the world.

CMAT Score Needed (2024): GIM Goa accepts admissions through CAT, XAT, and GMAT scores primarily. The cutoff for CMAT, is also accepted with 90 percentile and above.

College Rankings: GIM Goa is ranked 33rd among the top management institutes in India by NIRF.

Fees For MBA: The approximate fees for the MBA program at GIM Goa are around ₹9,00,000 per annum.

Number of Student Intakes: GIM Goa typically has an intake of around 240-260 students for its MBA program.

Highest Package Offered: The highest package offered at GIM Goa can vary, with figures reaching up to ₹60.40 LPA in recent years, depending on industry trends and the profile of the student.

Average Package Offered: The average package offered at GIM Goa is typically around ₹14 LPA.

Programs Offered: GIM Goa offers the following programs:

• Post Graduate Diploma in Management (PGDM) – Full-time MBA equivalent
• PGDM in Healthcare Management
• PGDM in Big Data Analytics
• Executive PGDM (Part-time)

Infrastructure:

• Campus Facilities: GIM Goa’s campus is situated on the banks of the Mandovi River and offers a serene environment conducive to learning. It includes modern classrooms, seminar halls, and areas for collaborative learning.
• Library: The institute boasts a well-equipped library with a vast collection of books, journals, periodicals, and online databases. It provides ample resources for academic research and study.
• IT Infrastructure: GIM Goa has advanced IT facilities with high-speed internet connectivity and fully equipped computer labs. Students have access to relevant software and databases necessary for their coursework.
• Residential Accommodation: The institute provides on-campus residential accommodation for students, with separate hostels for men and women. The hostels are well-maintained and offer facilities for recreation and study.
• Sports and Recreational Facilities: GIM Goa promotes holistic development and offers facilities for indoor and outdoor sports activities. The campus includes sports grounds, gymnasiums, and recreational spaces for student use.

 

5. GLIM

Since 2004, the Great Lakes Institute of Management (GLIM) has been committed to excellence in management education and leadership development.

GLIM is among the top 10 Business schools offering prestigious one-year programs in the country with campuses in Chennai and Gurgaon.

The PGPM program at Great Lakes lasts one year and the PGDM program lasts two years. You can apply to either campus individually or to both through a single application.

CMAT Score Needed (2024): Great Lakes Institute of Management primarily accepts admissions through CAT, XAT, GMAT, and CMAT scores. The cutoff for CMAT may vary from 95 to 99 percentile.

College Rankings: The Great Lakes Institute of Management has been ranked 31st among the other top management institutes by NIRF.

Fees For MBA: The approximate fees for the MBA programs at Great Lakes Institute of Management vary by campus:

• Chennai Campus: Around ₹1477000 to ₹19,00,000
• Gurgaon (Delhi NCR) Campus: Around ₹ 11,50,000 to ₹13,50,000

Number of Student Intake: Great Lakes Institute of Management has a limited intake:

• Chennai Campus: Typically around 600 students across all programs (PGPM, PGDM, etc.)
• Gurgaon (Delhi NCR) Campus: Typically around 300 students across all programs

Highest Package Offered: The highest package offered at Great Lakes Institute of Management can vary by campus and year, reaching up to ₹35 LPA, depending on industry trends and the profile of the student.

Average Package Offered: The average package offered at Great Lakes Institute of Management is generally competitive, often ranging from ₹17 LPA  across both campuses.

Programs Offered: Great Lakes Institute of Management offers the following programs:

• Post Graduate Program in Management (PGPM) – One-year full-time MBA equivalent
• Post Graduate Diploma in Management (PGDM) – Two-year full-time MBA equivalent

Infrastructure:

• Campus Facilities: Great Lakes campuses in Chennai and Gurgaon are equipped with modern classrooms, seminar halls, and amphitheaters conducive to interactive learning and group discussions.
• Learning Resource Center: Both campuses feature well-stocked libraries with a comprehensive collection of books, journals, e-resources, and subscriptions to various databases, supporting research and academic pursuits.
• Technology Infrastructure: Great Lakes invests in state-of-the-art IT infrastructure, providing high-speed internet connectivity, Wi-Fi-enabled campuses, and advanced computing facilities with access to relevant software and databases.
• Residential Accommodation: Both campuses offer on-campus residential accommodation for students, with facilities designed to ensure comfort and convenience.
• Recreational Facilities: Great Lakes campuses provide ample opportunities for recreation and fitness, including sports facilities such as indoor and outdoor courts, gymnasiums, and spaces for cultural and extracurricular activities.

 

6. KJSIM

KJ Somaiya Institute of Management was founded in 1981 and is an approved UGC constituent college of Somaiya Vidyavihar University.

KJ Somaiya Institute of Management (KJSIM) is ISO-certified and accredited by the Association to Advance Collegiate Schools of Business (AACSB).

Formerly known as K J Somaiya Institute of Management Studies & Research (SIMSR), the college offers MBA and MCA degrees. It offers PG courses in Sports Management, Healthcare Management, and other fields to its students.

CMAT Score Needed (2024): KJ Somaiya Institute of Management Studies and Research accepts admissions primarily through CAT, XAT, CMAT, GMAT, and MAH-CET scores. The cutoff for CMAT may be at the 98 percentile.

College Rankings: KJ Somaiya Institute of Management Studies and Research has been ranked 45th by NIRF 2023.

Fees For MBA: The approximate fees for the MBA programs at KJ Somaiya Institute of Management Studies and Research are around ₹10,07,402 per annum.

Number of Student Intakes: KJ Somaiya Institute of Management Studies and Research typically has an intake of around 600 students for its MBA program.

Highest Package Offered: The highest package offered at KJ Somaiya Institute of Management Studies and Research was  ₹28.25 LPA/

Average Package Offered: The average package offered at KJ Somaiya Institute of Management Studies and Research is generally around ₹12 LPA.

Programs Offered: KJ Somaiya Institute of Management Studies and Research offers the following programs:

• Master of Management Studies (MMS) – Full-time MBA
• Post Graduate Diploma in Management (PGDM)
• Executive PGDM (Part-time)

Infrastructure:

• Campus Facilities: The SIMSR campus is located in Mumbai and offers modern infrastructure including spacious classrooms, seminar halls, and well-equipped learning spaces designed to facilitate collaborative learning.
• Library: The institute boasts a well-stocked library with a vast collection of books, journals, periodicals, and online databases. It provides a conducive environment for research and study.
• IT Infrastructure: SIMSR has advanced IT facilities with high-speed internet connectivity and fully equipped computer labs. Students have access to relevant software and databases necessary for their coursework and research.
• Residential Accommodation: While SIMSR itself does not have on-campus hostel facilities, it assists students in finding suitable accommodation nearby in Mumbai, which offers a variety of options for student living.

7. ITM Business School

The ITM Business School is accredited by the AICTE and has campuses in Navi Mumbai (Khargar), Warangal, Chennai, Vadodara, and Raipur.

The Khargar campus of the ITM Group has been providing education to aspirants for 29 years. It was established in 1991 and is located in the township of Kharghar (Navi Mumbai).

It is consistently ranked among the top 10 MBA colleges in Mumbai, the west zone, and nationally for MBA/PGDM over decades. It is India’s 15th top Business School.

CMAT Score Needed (2024): The needed CMAT score varies from 80 to 90+ Percentile for ITM Business School.

College Rankings: ITM Business School is ranked at 68th place among other top management institutes in India.

Fees For MBA: The MBA fees at ITM Business School start from ₹9.20 Lakhs per annum.

Number of Student Intakes: The intake capacity for MBA programs at ITM Business School is 120.

Highest Package Offered: The highest package offered to students was ₹21 LPA.

Average Package Offered: The average package offered to graduates was ₹8LPA.

Programs Offered: ITM Business School typically offers a range of MBA programs and possibly other management-related courses. Common programs include General MBA, Specialized MBA (like Marketing, Finance, HR), Executive MBA, and possibly doctoral programs (Ph.D. in Management).

Infrastructure:

• Campus Facilities: ITM Business School campuses usually offer modern classrooms equipped with audio-visual aids, seminar halls for presentations, and Wi-Fi connectivity across the campus.
• Library Resources: They typically have a well-stocked library with a wide range of books, journals, periodicals, and online databases to support research and coursework.
• IT and Computing Facilities: The school usually provides computer labs with the latest software and hardware for students to use, as well as access to online resources for academic purposes.
• Hostel and Accommodation: For students opting for residential facilities, ITM Business School often provides on-campus hostels with amenities like mess facilities, recreational areas, and round-the-clock security.
• Recreational and Sports Facilities: They usually have sports facilities such as indoor and outdoor courts for basketball, volleyball, and badminton, along with gymnasiums and spaces for extracurricular activities and student events.

 

8. KSOM

Established in 1993, the KIIT School of Management (KSOM) stands out as a premier institution for business education. Located in Bhubaneswar, KSOM is part of the Kalinga Institute of Industrial Technology (KIIT) and is approved by the All India Council for Technical Education (AICTE).

It has earned a reputation for developing students’ academic and overall skills and cultivating future leaders and entrepreneurs.

This dedication to excellence has been recognized through numerous awards, including the prestigious Best Business School of Odisha award from TIMES Business Awards in 2023, further highlighting KSOM’s commitment to providing high quality education and an effective learning environment.

CMAT Score Needed (2024): The average CMAT score requirement for KSOM is 80 percent and above.

College Rankings: KSOM was ranked at 47th place by NIRF 2023.

Fees For MBA: The MBA fees at KSOM are about ₹16,90,000 for the entire course.

Number of Student Intakes: KSOM’s intake capacity for MBA programs is 240.

Highest Package offered: The highest package offered to KSOM graduates was ₹18.33 LPA.

Average Package Offered: The average package offered to KSOM graduates was ₹9.5 LPA.

Programs Offered: KSOM typically offers a variety of management programs, including:

• MBA (General)
• MBA in Rural Management
• MBA in Healthcare Management
• MBA in Human Resource Management
• MBA in Business Analytics
• MBA in Finance
• MBA in Marketing
• MBA in Operations Management

They may also offer executive MBA programs or other specialized management courses.

Infrastructure:

• Campus Facilities: KSOM’s campus is equipped with state-of-the-art classrooms, seminar halls, and auditoriums to facilitate learning and events. They often have modern audio-visual aids and smart classrooms.
• Library Resources: The library at KSOM is typically well-stocked with a vast collection of books, journals, periodicals, and online databases. It supports both academic research and coursework needs.
• IT and Computing Facilities: The school provides computer labs with high-speed internet and access to necessary software for academic and research purposes. They also offer Wi-Fi connectivity across the campus.
• Hostel and Accommodation: KSOM usually offers on-campus residential facilities with separate hostels for male and female students. These hostels are equipped with amenities like mess facilities, recreational areas, and 24/7 security.

9. XISS

A private institute founded in 1955, the Xavier Institute of Social Service Ranchi offers PGDM and FPM programs in Management. AICTE approves the PGDM course offered by the Xavier Institute of Social Service and awards the equivalent of an MBA degree to AIU.

Admission to the PGDM program at the Xavier Institute of Social Service is based on an entrance exam. Admission is conducted online at the Xavier Institute of Social Service.

CMAT Score Needed (2024): XISS accepts CMAT scores from 80 to 85 percentile for admission to its MBA programs.

College Rankings: Xavier Institute of Social Service (XISS) has been ranked 64th among other top management institutions in India.

Fees For MBA: The fee structure for the MBA programs at XISS is  ₹8.90 Lakhs for two academic years.

Number of Student Intakes: XISS typically has a specific intake of 330 students for its MBA programs each year.

Highest Package Offered: The highest package offered was ₹20.50 LPA.

Average Package offered: Similarly, the average package offered to students was ₹9.40 LPA.

Programs Offered: Xavier Institute of Social Service (XISS) offers various programs, including:

• Two-year full-time MBA program
• Specialized PGDM programs
• Executive programs
• Certificate programs in management

Infrastructure:

• Campus Facilities: XISS is located in Ranchi, Jharkhand, and boasts a modern campus equipped with state-of-the-art classrooms, seminar halls, and auditoriums for academic and cultural events.
• Library Resources: The institute has a well-stocked library with a vast collection of books, journals, and online databases.
• Computer Labs: XISS maintains dedicated computer labs with high-speed internet connectivity and software necessary for academic and research purposes.
• Hostel and Accommodation: The institute provides separate hostel facilities for male and female students. The hostels are equipped with all the necessary amenities to ensure a comfortable stay for students coming from different parts of the country.

 

10. JAGSoM

Today, JAGSoM is one of the 12 top Indian Business schools with AACSB accreditation and a spot on the QS World University Global Rankings 2023.

The reason for the success of JAGSoM is its unique approach of “Role Defined Career Tracks” in 8 Tracks like MarTech, Sales and Service, HRM, Banking, etc. This has led to exceptional career outcomes for students.

CMAT Score Needed (2024): A CMAT score from 70 to 80 percentile is considered.

College Rankings:  In Bangalore, it holds 2nd place among Business Schools and has been recognized by Business Today-MDRA Business School Rankings 2023 as 10th in Future Orientation and 14th in Learning Experience.

Fees for MBA: MBA fees at JAGSoM are ₹15,50,000 for a two-year MBA course.

Number of Student Intakes: JAGSoM takes 120 students for an academic year for the MBA course.

Highest Package Offered: ₹85 LPA was the highest package offered to the students of JAGSoM.

Average Package Offered: The average package offered to graduates was ₹13.3 LPA.

Programs Offered: Jagdish Sheth School of Management typically offers programs like MBA (General), MBA in Finance, MBA in Marketing, etc. Specific details can be found on their official website or through their admission prospectus.

Infrastructure:

• Campus: Size, location, green spaces, recreational areas.
• Classrooms: Technology-equipped, seating capacity, conducive for learning.
• Library: Collection size, digital resources, study spaces.
• Hostel Facilities: Accommodation quality and amenities are provided.
• Sports and Recreation: Facilities for indoor and outdoor sports, gymnasium, and cultural activities.